Here we have discussed some important basic concepts of Finance for example, assets, liability, equity, risk, mutual funds, balance sheet, P&L statement, etc. This will give you a clear understanding of basics of finance and will help you in exams like TISSMAT, XAT, TISSNET, CMAT. This will also improve your Reading comprehension skills. Please Like, Share and Subscribe to Knowvation! #Finance #FinanceInterviews #BalanceSheet